The Filing Desk

Morgan Stanley vs Stifel

Morgan Stanley MS · Stifel SF · Investment Banking & Brokerage

Morgan Stanley reported revenue of $70.6 billion in fiscal 2025, 11.1 times Stifel's $6.3 billion in fiscal 2025. Morgan Stanley's revenue grew 14.4% in its latest year, and Stifel's grew 6.7%. Morgan Stanley had a return on equity of 15.6%, against 11.7% at Stifel.

Side by side

Morgan StanleyStifel
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$70.6B$6.3B
Revenue growth14.4%6.7%
Revenue growth a year, last 5 years7.7%10.7%
Net income$16.9B$684M
Return on equity15.6%11.7%
Return on tangible common equity19.1%17.9%
Efficiency ratio68.4%73.4%
Dividends and buybacks$6.6B$245M
Change in diluted share count−1.2%−0.8%
Last close$183.49$66.52
P/E at the last close14.8×11.9×
Insider trades, last 12 monthssold $68.2 millionsold $423,072
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Morgan StanleyStifel
Return on equity
Percent. Net income over average equity.
Morgan StanleyStifel
Net income
US$ billions
Morgan StanleyStifel

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Morgan Stanley and Stifel pages.